NEWTON KUMAR DHAR

CA. Akhil MaheshwariEmail: akhil.maheshwari14@gmail.com Phone: +91 9711337758Skill setProfile Snapshot

Financial planning and analysisFinancial controllingFinancial ReportingAuditing (Assurance)Accounting Finance and Accounting professional with 6.5 years of experience in Accounting, Auditing and Financial controllership. Well versed in Indian Accounting standards, business activities and auditing. Establishing, streamlining, strengthening controls of Accounting, Financial functions and liaison with related functions. Statutory audits, Limited Reviews and Tax audits for various listed as well as non-listed clients. Focused and hardworking professional.

HIGHLIGHTS Recognized for strengthening and ensuring quality financial governance in Projects and taking initiatives in supporting Central PMO initiatives on a continual basis. Recognized for implementation of Earned value concept in Projects and supporting new team members in implementation. Training the new team members about the ways of working as well as finance to non-finance stakeholders. Compliance of firm risk policies, global audit methodology, General Accepted Accounting Principles, Identifying and resolving the issues during the audit, finalizing the auditors report for managers & partners review

PROFESSIONAL EXPERIENCEOrganizationDesignationDuration

Ericsson India Private Limited, GurgaonManager Project Finance ManagementAssistant Manager Project Finance ManagementOct 2015 September 2016May 2013 September 20153.5 years

Price Waterhouse, GurgaonAssociate Assurance ServicesMarch 2010 - April 20133 years

S.S. Kothari Mehta & Company, New DelhiArticleApril 2005 March 2008

Ericsson India Private LimitedSkillsDescription

Internal Controls Initiated and involved in strengthening the internal controls by forming processes related to Approval and authorization matrices on the control framework. Process flow and documentation requirements.

Contract Analysis and implementation Understanding the Contracts, ensuring accurate set up and implementation in SAP for effective and efficient management in compliance with the Ericsson Ways of working as well as adherence to Accounting standards.

Financial Controlling Planning Analyzing Monitoring Reporting Ensuring accurate and timely bookings of deals in SAP and reviewing the budgets prepared by the Project Managers. Analyzing the operational plan prepared by the stakeholders and its impact on the financial planning. Ensuring that contract scope, delivery timelines, terms and conditions, billing conditions and payment are being adhered to timely. Ensuring accurate monthly revenue recognition and financial reporting to global and local management of the projects assigned by working with various stakeholders, departments and the management. Preparation of reconciliation statements and analyzing the Balance sheet and P&L items of the projects and performing variance analysis on the same on a monthly basis. Analyzing Plan vs Actual in terms of Cost, Billing plans, cash flow of the projects.

Governance and control mechanism Initiated in strengthening the governance mechanism on the regional level. Reviewing the project performances (financially as well as operationally) on a monthly basis at global and local governance levels. Initiated proactive alert process in cost monitoring and system cleanup activities. Ensuring SOX compliance with respect to Revenue recognition.

Additional Responsibilities Region India SPOC for HQ stakeholders to derive and measure Financial KPIs for various Business Units. Support external financial Audits i.e., statutory audits and SOX audits.

Price WaterhouseSkillsDescription

PlanningPlanning the audit, determining nature, extent and timings of the audit procedures to be carried out to obtain sufficient and appropriate audit evidence about the internal controls and the financial statements.

Execution Executing the audit procedures (Test of controls, Test of details) identified to obtain sufficient evidence with respect to assertions. Handling day to day accounting up to finalization of Trial balance after making all audit adjustments and liaise with all relevant departments. Acquired in-depth knowledge of the accounting processes and preparation of financial statements. Accountable for the Team assurance services, i.e. evaluation of work through the review process, discussing the findings with the manager and recommending appropriate corrective measures. Acquired skills of all the financial activities of the clients while defining the financial objectives and implementing policies & procedures to facilitate internal financial controls. Interacted with internal auditors & reviewed the Internal Audit report to understand if there is any financial implication. Reviewed compliance with policies, procedures and government laws and regulations, and provided recommendations to management of the company.

Client RelationshipsAssisted the client to understand the basic audit requirements and help them understand the major issues and flows in the Accounts.

EDUCATIONAL CREDENTIALSQualificationInstitutionYear

Chartered AccountantICAINovember 2009

Bachelor in CommerceRajasthan University2005

TECHNICAL SKILLSMS Office MS Excel, Word, Powerpoint, Outlook.SAP PS, CS, FICOAudit tools Other Operational and Financial tools integrated with SAP.

EXTRA-CURRICULAR ACTIVITIES Engaged in social responsibility activities for underprivileged children, people suffering from leprosy. Mountaineering